Singleton Heights has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 0.07% to date .
Over the longer term, Singleton Heights has seen property prices show investors a -5.59% return over the last 3 years. This is an improvement over the last 12 months
Vendor discounting in Singleton Heights is giving property investors an average Vendor Discount of around -4.33%. This puts suburb at number 479th in NSW when ranking the most discounted suburbs.
On average over the past year, suburb has had 9.67 sales per month, which equates to 116 per year.
With the median price for a house in Singleton Heights being $355000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 5.13%
NSW has seen average median house prices change by 8.39% which means that Singleton Heights, 2330 has done well for property investors by showing a capital gain of 4.63% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Singleton Heights has fallen somewhat when compared to the 5 year average annual rate.
The NSW suburb of Singleton Heights, 2330 is in the Singleton local government area.